Wednesday, March 18th, 2026

Sri Lanka announces relief to COVID-19 ridden business



COLOMBO: As a measure to counter the economic threats set by the overriding COVID-19, the Sri Lankan government has come out with the relief package to the COVID-ridden public and market.

President Gotabaya Rajapaksa instructed banks and financial institutions to offer a six month grace period for loans obtained by business enterprises and provide working capital for loans at 4 percent.

He ordered the officials to regulate the market strictly so as not to let the black market sting the people.

President Rajapaksa also asked the officials to ensure a maximum retail price of Rs. 65 per kg for dal and Rs.100 for canned fish from Tuesday night. He has promised to come with further concessions in the future.

Publish Date : 18 March 2020 18:59 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Israel embassy condemns missile strike near Jerusalem’s holy sites during Ramadan

KATHMANDU: The Embassy of Israel in Nepal has expressed deep

HoR election: EC to submit comprehensive election report to President tomorrow

KATHMANDU: The Election Commission would submit the comprehensive report along

Nepali Congress central committee meeting on Friday, Saturday

KATHMANDU: The Nepali Congress has called its first central committee